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- 644982
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- 2011-6-28
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- 1970-1-1
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6‘59” - Thailand raised its interest rates, the inflation comes. - The economy of America and European countries is still disappointed, this affects Thailand's economy. The bank of Thailand reported the slow down of America's market, since 70% of economy in Thailand depends on export. Right now China becomes the leading customer in the world now. - In Asia, countries such as China, Indonesia, Indian have high inflation. The food and consuming prices are very high as compared to years ago, but Taiwan is an exception. In comparison with the rest of asian countries, Thailand only raised 4.3%. - It's necessary to control the inflation rates by cutting the rates. - Cutting the rate can help Asia's economy a modest slowdown in West. For example: Goldman Sachs....But it will also bring the harm effect. So Thailand prime minister plans out another strategy, but this might not be necessary, since America and Europe will eventually overcome the economic crisis. - So it would be difficult to expect Asia's resilience to save the world's economy. |
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